The leading meme coin plunged from $0.25 to below $0.10 on several exchanges during the panic-driven selloff before quickly rebounding to around $0.19.

At the time of writing, DOGE trades at $0.2126, marking a 12.12% daily recovery, with trading volume surging nearly 30%. Despite the volatility, analysts believe this correction mirrors the same type of price behavior that historically precedes explosive rallies.

A Familiar Pattern Before Major Moves

According to market analysts such as Daan Crypto Trades, the recent DOGE movement aligns closely with patterns observed before major bullish reversals.

Most charts look the same. Took $DOGE here as an example.

1. Sharp sell off Friday evening into the giant wicks.

2. Initial bounce usually topping about halfway through the entire move

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